Youth Unemployment Hits 20%

Peter Levine notes that youth unemployment (16 - 19) has hit a shocking 20%.

According to the Bureau of Labor Statistics, the unemployment rate for ages 16-19 was over 20% in October. For ages 20 and older, the rate was 5.9%.

Youth unemployment, seasonally adjusted

The great thing about Levine's post is that he offers a fairly simple policy prescription to - if not solve this problem - cut down on youth unemployment.

Unemployed youth are not only missing income and benefits. They are also losing crucial opportunities to develop skills, networks, habits, and experience. The Kennedy-Hatch Serve America Act is certainly not the whole solution, but I think it should be passed quickly as an element of the economic recovery plan. It is an efficient way to give as many as 250,000 young people highly educational work experiences. They will also exemplify public work for Americans of all ages.

Maybe that's something to look at as part of a 100 Days Agenda . . .

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Lots of people believe that

Lots of people believe that rising prices, rate of inflation and unemployment were the most important economic

issues facing the country, putting that at the top of U.S. economic concerns. More and more people are being stripped off with their jobs and unemployment are hitting records. Because of this, a lot of people are frantically searching for jobs. Many job listing are not very sure, but if a person scans them constantly, they may be able to find something. Craigslist and so many others have job opportunities. There's also Monster, Yahoo Hot Jobs, numerous others. People looking for things such as home furnishings that don't want to have to go to eBay can look into Free Napkin , a website that has online auctions, except that everything is free, which is handy if you don't want to get a payday loan to replace your couch, or the lamp you threw across the room because you couldn't find any good job listings.